Check Figures: Adjustment Amount $5766.67, Net Income $49,408.33 A.) Record the following transactions to the journal and post it to the T- accounts. Make a footing and get the ending balance of each account. Prepare your trial balance in the worksheet template. December 2021 2 Paid wages from last month $1,500. 4 additional investment of $5,000 from S. Joe's savings account. 10 Collected $1,500 from fees earned previously. 15 Billed client for services rendered, $1,500 20 Paid wages expense $ 1,800. 23 Received telephone bill to be paid later, $150 25 Provided cleaning services in cash $1,000. 26 Purchase cleaning supplies on account $ 1,200. 27 Payment of accounts payable $1,000. 28 Paid gasoline $500. B.) Record the following in the adjustment journal template then post it to the T-accounts. additional information for adjustments for December 31, 2021. a. Unexpired prepaid rent is $750. b. The annual prepaid insurance was paid Nov. 1 $2,500. Record the expired portion. c. Cleaning supplies on hand, $3,200. d. Depreciation expense office equipment, $110. e. Cleaning Equipment original cost $12,000 with a residual value $800, useful life is 5 years. Record the annual depreciation expense. f. Record the vehicle depreciation expense $300. g. Accrued wages $ 950. C.) Prepare your financial Statements (IS/OE/BS) D.) Perform the closing process E.) Prepare post-closing trial balance. SUNSHINE CLEANING COMPANY GENERAL JOURNAL Date Account Titles and Description 2021 PAGE 1 PR Dr. Cr. SUNSHINE CLEANING COMPANY GENERAL JOURNAL Date Account Titles and Description 2021 Adjusting entries PAGE 2 PR Dr. Cr. Date 2021 SUNSHINE CLEANING COMPANY GENERAL JOURNAL Account Titles and Description Closing Entries PAGE 3 PR Dr. Cr. Nov. 30 Nov. 30 Debit CASH 19,058.00 Credit ACCOUNTS RECEIVABLE Debit Credit 11,500.00 PREPAID RENT Debit Credit Nov. 30 1,500.00 PREPAID INSURANCE Debit Credit Nov. 30 2,500.00 Cleaning Supplies Debit Nov. 30 3,000.00 Credit OFFICE EQUIPMENT Debit Nov. 30 4,500.00 Credit Nov. 30 R. JAWOOD, WITHDRAWALS Debit Credit Debit 300.00 INCOME SUMMARY Credit CELANING FEES EARNED Debit WAGES EXPENSE Debit Nov. 30 11,250.00 Nov. 30 Credit 75,000.00 Nov. 30 Credit CLEANING EXPENSES Debit 2,250.00|| Credit 'MENT Debit Credit 1,333.00 Nov. 30 CLEANING EQUIPMENT Debit Nov. 30 12,000.00 Credit ACCUMULATED DEPRECIATION, CLEANING EQUIPMEN Debit Credit 2,400.00 Nov. 30 Vehicle Credit Debit Nov. 30 18,000.00 ACCUMULATED DEPRECIATION, VEHICLE Debit Debit Debit Debit ACCOUNTS PAYABLE VAGES PAYABLE R. JAVOOD, CAPITAL Credit Credit 2,000.00 Nov. 30 Credit 1,500.00 Nov. 30 Credit 10,000.00 Nov. 30 GAS EXPENSE Debit Credit Nov. 30 3,750.00 Nov. 30 Nov. 30 Nov. 30 EMPLOYEES BENEFITS EXPENSE Debit Credit 225.00 MEALS & ENTERTAINMENT EXPENSE Debit Credit 1,800.00 REPAIRS & MAINTENANCE EXPENSE Debit Credit 600.00 TELEPHONE EXPENSE Debit Credit INCOME SUMMARY Debit Credit Debit RENT EXPENSE Credit INSURANCE EXPENSE Debit Credit DEPRECIATION EXPENSE, OFFICE EQUIPMENT Debit Credit DEPRECIATION EXPENSE, CLEANING EQUIPMENT Debit Credit DEPRECIATION EXPENSE, VEHICLE Debit Credit SUNSHINE CLEANING COMPANY WORKSHEET Trial Balance Adjustments Account Titles Dr. Cr. Dr. Cr. Adjusted Trial Balance Dr. Cr. Income Statement Dr. Cr. Balance Sheet Dr. Cr. Cash Accounts Receivable Prepaid Rent Prepaid Insurance Cleaning Supplies Office Equipment Accumulated Depreciation-Office Equip Cleaning Equipment Accumulated Depreciation- Cleaning Equip. Vehicle Accounts Payable Wages Payable R. Jawood, Capital R. Jawood, Withdrawal Cleaning Fees Earned Wages Expense Cleaning Expense Gas Expense Employees Benefits Expense Meals & Entertainment Repairs & Maintenance Telephone Expense Rent expense Insurance Expense Depr'n expense, Office Equipment Depr'n expense, Cleaning Equipment Depr'n expense, Vehicle Accumulated Depreciation- Vehicle SUNSHINE CLEANING COMPANY INCOME STATEMENT FOR THE MONTH ENDED DECEMBER 31, 2021 Revenue: Cleaning Fees Earned Operating Expenses: Meals & Entertainment Cleaning Expense Gas Expense Employees Benefits Expense Meals & Entertainment Repairs & Maintenance Telephone Expense Rent expense Insurance Expense Depr'n expense, Office Equipment Depr'n expense, Cleaning Equipment Depr'n expense, Vehicle Total Operating Expense Net Income SUNSHINE CLEANING COMPANY STATEMENT OF OWNER'S EQUITY FOR THE MONTH ENDED DECEMBER 31, 2021 R., Jawood, Capital, Dec. 1, 2021 Additional Capital Net Income Sub total Less: R, Jawood, Withdrawal Increase in Capital R., Jawood, Capital Dec 31, 2021 ASSETS SUNSHINE CLEANING COMPANY BALANCE SHEET DEC. 31, 2022 LIABILITIES AND OWNER'S EQUITY SUNSHINE CLEANING COMPANY POST-CLOSING TRIAL BALANCE DEC. 31, 2022 Dr. Cr.